Auto Warranty Companies Fight For Your Business
car warranty - The industry of auto warranty companies is really a fiercely competitive one. You can find a limited variety of cars on the highway - granted, there are many them, and every one of them, at one point or still, has or enjoyed a warranty - however with the great number of companies fighting for the business of these drivers, it indicates that every car owner is definitely the target of some very hungry sales reps.
This can be quite a daunting position to be in to get a car owner. Whether you are purchasing a new car coming from a dealership, or investing in a second hand car, there will be people trying to sell you their warranty services.
Inside the dealership, you may run into a pushy sales representative who will try everything they could to help you get to sign on to have an extended warranty when you help make your initial purchase. You will find advantages to buying during that time, including having the costs of the warranty rolled up to the financing for your car, and realizing that your dealership will continue to be the spot to have any repairs or replacements done. But these comforts might end up costing you hundreds or lots of money in the end. Sales agents make huge commissions on warranties, so they're eager to get you to enroll in one. But the price that is rolled into the financing will likely be a lot higher than it would if you sought out your own quotes from third-party extended warranty providers. Granted, you will need to pay more up-front with those third-party companies, rather than adding a tiny number for your monthly car payment bills. Nevertheless it would likely save a little money.
But simply as not every car sales person has gone out to rip you off, not all third-party providers are great guys, either. The conditions and terms of the warranties they offer, although there are some risky ventures out there, so a wise shopper will compare not only the prices offered by these vendors. If a company won't let you review the warranty before you buy, don't waste your time or money - it's likely a scam, or just a really bad set of terms that will tie you to some big costs further down the road. Auto warranty companies will fight to achieve you as a client, so use that in your favor. Compare prices, look at all the terms of the warranties offered, and tell the firms you consult with “hey, cause me to the most effective offer.” Someone else will if they can't.